What is 980 gold? How much is 98 gold per tael today?
Key Takeaways
- Gold price 98 constantly fluctuates daily. What is 98 gold? How much is 1 tael of 98 gold today? Let's find out in detail with Jemmia through the article below. What is...
Gold price 98 constantly fluctuates daily. What is 98 gold? How much is 1 tael of 98 gold today? Let's find out in detail with Jemmia through the article below.
What is 980 gold?
98 gold, also known as 980 gold, is gold with a pure gold content of about 98%, while the remaining 2% is an alloy of other metals. These metals are often added to improve the hardness and workability of gold.
If converted to the Karat system (a scale of gold purity), 98 gold is equivalent to about 23.53K. This purity level is between 23K and 24K gold.
98 gold is not as popular as other types of gold such as 24K, 18K, or 14K in the market, because its high gold content makes it softer and difficult to use in daily life. However, it is an ideal material in the high-end jewelry making industry, where artisans need a gold that is soft enough to be easily shaped but still retains high purity.
In addition, due to its characteristics close to pure gold, 98 gold is often used in jewelry or valuable items, carrying feng shui or traditional symbolic meanings.
How much is 1 tael of 98 gold today?
With this purity, the price of 98 gold is usually lower than that of 9999 gold or 999 gold. However, the specific price of 98 gold depends on the market and needs to be updated from reliable sources. Below is the price list for 98 gold on May 05, 2026 for your reference:
| Unit of measurement | Purchase price (VND) | Sale price (VND) |
|---|---|---|
| 1 tael of 98 gold | 16,000,000 | 16,400,000 |
| 1 cay (1 tael) of 98 gold | 160,000,000 | 164,000,000 |
| 1 phân of 98 gold | 1,600,000 | 1,640,000 |
Characteristics of 98 gold
With its distinct color, durability, and clear identification marks, 98 gold not only has aesthetic value but also carries feng shui and asset significance. Here are the detailed characteristics of 98 gold:
Color: 98 gold has a darker yellow hue than lower karat golds but is still lighter than 9999 gold (24K).
Purity: With 98% pure gold, 98 gold ranks second in purity, second only to 9999 gold.
Physical properties: This type of gold is quite soft and malleable, similar to 9999 gold, but thanks to the 2% alloy, its hardness is slightly improved, making it easier to craft jewelry.
Resistance: Due to the presence of alloy, 98 gold may tarnish or turn black over time if exposed to agents such as sweat, chemicals, or humid environments.
Identification marks: 98 gold products are usually marked with the symbol "980" to distinguish them from other types of gold, making it easy for consumers to identify when shopping.
Advantages and disadvantages of 98 gold
98 gold, with its high pure gold content, is considered a type of gold with high aesthetic value and worth, suitable for many purposes, especially jewelry making. However, like other types of gold, 98 gold also has its own advantages and disadvantages that users need to consider to make the right choice.
Advantages
Some advantages of 98 gold:
High purity: With 98% pure gold, this type of gold is close to the purity of 24K gold, offering a bright and luxurious appearance, highly favored in high-end jewelry making.
Malleable but more durable than 24K gold: Thanks to the 2% alloy, 98 gold has improved hardness compared to 24K gold, making products easier to craft and less prone to deformation during daily use.
Feng shui and storage value: 98 gold has high asset value, not only as jewelry but also as a form of long-term savings or investment.
High aesthetics: The characteristic dark yellow color of 98 gold offers a natural, classic beauty, suitable for both traditional and modern jewelry.
Disadvantages
Here are the disadvantages of 98 gold that you should consider before choosing:
Tends to tarnish over time: Due to containing 2% of other metal alloys, 98 gold can be affected by environmental factors such as sweat, chemicals, or humidity, leading to tarnishing or blackening.
Softer than 18K, 14K, 10K gold: Although its hardness is improved compared to 24K gold, 98 gold is still relatively softer than 18K or 14K gold, making it prone to deformation or scratches with frequent use.
Less common in the market: Compared to popular golds like 18K or 24K, 98 gold is not widely available, leading to limitations in product selection or exchange.
High price: With a high pure gold content, 98 gold is usually more expensive than other types of gold, not suitable for those looking for affordable jewelry or everyday wear.
Although 98 gold has many advantages, these limitations make it more suitable for high-end jewelry making or as accumulated assets rather than for daily use.
Is it worth buying 98 gold for long-term accumulation?
98 gold has a high purity, second only to 9999 gold, so its value is quite significant and it is often chosen for accumulation or investment purposes. This type of gold is usually crafted into products such as plain rings, necklaces, and many other jewelry items. With a more reasonable price than 9999 gold, 98 gold is suitable for people with average incomes who still want to save or invest in gold.
When there is no need for use, you can sell 98 gold, but the recovery value is usually lower than that of 9999 gold. To ensure a smooth transaction, it is advisable to prioritize selling it back at the place of purchase to avoid inspection fees or other incidental costs.
Reputable sellers of 98 gold
When buying 98 gold, choosing a reputable seller is crucial to ensure the quality and value of the product. Here are 3 well-known brands in Vietnam where you can consider buying 98 gold:
PNJ (Phú Nhuận Jewelry): A system of over 358 stores and 7000 employees nationwide. Specializes in consulting and providing products suitable for customers. A leading unit in exclusive gold appraisal and craftsmanship.
DOJI: Among the Top 3 largest jewelry retailers in Vietnam. Owns nearly 200 centers and over 400 agents nationwide. Jewelry gold meets international standards, with clear inspection.
Bảo Tín Minh Châu: A business with over 20 years of experience. Honored with major awards such as Labor Medal, Golden Brand Cup. Uses modern technology in crafting and gold purity appraisal.
Mi Hồng Gold: A well-known brand in Ho Chi Minh City with over 30 years of experience in the gold and silver business. Mi Hồng is highly rated by customers for its guaranteed gold quality, competitive prices, and dedicated customer care service. In particular, Mi Hồng's 98 gold products are always strictly inspected, bringing absolute peace of mind to buyers.
The article above from Jemmia has provided you with information on what 98 gold is and how much 1 tael of 98 gold is today. Don't forget to follow Jemmia to get the latest updates on the gold, diamond, and high-end jewelry market. Thank you for reading the article.
